Turkey AH1223(18) new adli altin

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Sincona sale 33, lot 3299

This specimen was lot 3299 in Sincona sale 33 (Zürich, October 2016), where it sold for 275 CHF (about US$327 including buyer's fees). The catalog description[1] noted,

"TÜRKEI. Mahmud II. 1808-1839 1 neuer Adli Altin 1824. Fast vorzüglich. (Turkey, Ottoman empire, Mahmud II, 1808-39, one new adli altin of 1824. Almost extremely fine.)"

This specimen is from a series struck in Istanbul during the reign of Sultan Mahmud II (r. 1808-39). Ottoman coins were dated using regnal years; the reverse bears the date AH 1223 (= 1808 A.D.) and the regnal year 18 (AH 1240) = August 1824-August 1825). The Hejira calendar uses a lunar year instead of a solar year, so its starting date moves from year to year. This type was issued years 16-22 (1822-28). The gold was the victim of frequent manipulation and the denominations changed names in a confusing manner. The SCWC lists zeri mahbubs, rumi altins, adli altins, yeni altins and hayriye altins for this period. Matters were regularized in the reign of Abdul Mejid, with gold coins issued in multiples of the kurush.

Recorded mintage: unknown.

Specification: 1.58 g, gold, this specimen 1.60 g.

Catalog reference: Fr-96, Schl. 223, KM 635.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Uslu, Kaan, Beyazit, M. Fatih, and Kara, Tuncay, Ottoman Empire Coins, Istanbul: Mas Matbaacilik A.S., 2007.
  • [1]Jürg Richter, Numismatic Coins & Medals, Auction 33, Zürich: Sincona AG, 2016.

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